China's WuXi AppTec Rallies as Strong Q1 Earnings Indicate Minimal Tariff Impact

Investing44minutes ago

WuXi AppTec Co., (WUXIF) Ltd. Q1 2025 Earnings Call Transcript Summary

moomoo AI50minutes ago · Conference Call

WUXI APPTEC (02359) rose by 5.33%. Net income in the first quarter increased by 89.06% year-on-year.

Jinwu Finance | WUXI APPTEC (02359) stock price is rising, as of the time of writing, up 5.33%, reported at 61.3 Hong Kong dollars, with a trading volume of 0.142 billion Hong Kong dollars. On the news front, WUXI APPTEC announced the first quarter report for 2025. During the period, the Net income attributable to shareholders of the listed company was 3.672 billion yuan, a year-on-year increase of 89.06%; the EPS was 1.29 yuan, compared to 0.67 yuan in the same period last year. During the period, the group's revenue was 9.655 billion yuan, a year-on-year increase of 20.96%. WUXI APPTEC Chairman and CEO Li Ge stated that the company currently maintains the full-year performance guidance set at the beginning of the year.

Jinwu Financial News21:35 ET

Hong Kong stock morning report | Alibaba releases and open sources the new version of the large model Qwen3, Chongqing Sokon Industry Group Stock submits application for listing on the Hong Kong stock exchange.

① The Ministry of Foreign Affairs reiterated that there have been no consultations or negotiations between China and the United States regarding the tariff issue. ② Goldman Sachs raised its forecast for this year's southbound capital inflow into Hong Kong stocks by nearly 50%. ③ Alibaba announced and opened source its next-generation general-purpose Qwen3 model. ④ Institutions say that the ROI of Hong Kong stocks as a 'value vacuum' is very attractive.

cls.cn19:31 ET

Zhitong Hong Kong Stock Early Knowledge | The Ministry of Industry and Information Technology released the key points of automotive standardization work for 2025, ahead of schedule conducting research on the standardization needs of new business formats s

The Ministry of Industry and Information Technology released the key points for vehicle standardization work in 2025. It proposed to proactively layout standards research in cutting-edge fields. Analyzing and assessing the development trends of cutting-edge technologies and potential application scenarios, identifying and evaluating the future direction of vehicle standardization development, promoting the formulation and release of standard sub-systems for automotive AI, Solid State Battery, electric vehicle battery swapping, and initiating the construction of standard systems for new fields such as data governance and application, while conducting advanced research on standardization needs for new business formats like flying cars.

Zhitong Finance19:25 ET

WUXI APPTEC CO LTD UNSPON ADS EACH REP 1 ORD SHS (WUXAY.US) will release Earnings Reports on April 29.

$WUXI APPTEC CO LTD UNSPON ADS EACH REP 1 ORD SHS(WUXAY.US)$ will release its Earnings Reports on April 29, investors are advised to pay attention. How were the previous results? $WUXI APPTEC CO LTD UNSPON ADS EACH REP 1 ORD SHS(WUXAY.US)$ reported revenue of 11.539 billion yuan and net income of 2.966 billion yuan for Q4 2024, with an EPS of 1.02 yuan. Revenue for Q1 2024 is 79.

Moomoo News13:45 ET